[AISWorld] Web3 Technologies for Digital Innovation and Transformation Minitrack

[Gregory, Robert Wayne]

Web3 Technologies for Digital Innovation and Transformation Minitrack: Consider submitting your work!

https://hicss.hawaii.edu/tracks-57/internet-and-the-digital-economy/#web3-technologies-for-digital-innovation-and-transformation-minitrack



Over the last decades, we have witnessed a remarkable societal transformation driven by innovation and entrepreneurship with digital technologies to create novel products, services, and business models. This transformation fueled the so-called ‘Web 2.0 platform economy’, featuring a host of powerful platform companies benefitting from network effects and centralized data collection at a mass scale. Increasingly the hegemony of the Web2 platform economy is being challenged by digital innovation in newly emerging Web3 ecosystems and networks.

The goal of this minitrack is to examine the antecedents, processes, contingencies, and outcomes of digital innovation and transformation in the context of the emergence of Web3. The minitrack offers a venue for original and innovative research that explores how Web3 technologies and ecosystems impact and alter digital innovation logics and institutional arrangements through transformative processes.

The minitrack solicits three types of submissions: (1) properties of emerging Web3 technologies and how they shape emerging networks, markets, ecosystems, organizations, and institutions; (2) the generation and appropriation of novel innovations facilitated by Web3 technologies; (3) digital transformation driven by Web3 innovation, including fundamental changes in institutional arrangements, organizational structures, and technological architectures among other foci. Next, we will describe each of these types of submissions with examples of each.

1) Web3 Technologies: Web3 broadly refers to a set of decentralized technologies using blockchain, decentralized storage, and self-sovereign identity. It exhibits novel properties that enable trustless data exchange, the encapsulation and encoding of value, the peer-to-peer transfer and exchange of value across jurisdictions, and novel organizational arrangements for creating and capturing value, among other things. Submissions in this category investigate the unique properties of emerging Web3 technologies and how they shape emerging networks, markets, ecosystems, organizations, and institutions. Topics can include:

  *   Web3 technology characteristics (e.g., decentralization, immutability, trustlessness, token- based, smart contracts, interoperability, open-source)
  *   Decentralized governance and self-governing capabilities of Web3 technologies
  *   Decentralized data storage and computation
  *   Decentralized identities and agents
  *   Decentralized verifiable data exchange and presentation standards
  *   DIDComm-based data architectures and governance models
  *   Decentralized AI models, frameworks, and architectures
  *   Token economics
  *   The role of tokens for governance and exchange
  *   Scalability of public and private blockchains
  *   Privacy and security issues and solutions in Web3 ecosystems
  *   Socio-technical processes of tokenization, smart contract development, and Web3 design
  *   Societal impact of Web3 technologies in institutional contexts
  *   Interoperability of distributed ledger technologies in different industries
  *   Blockchain systems for enterprises, governments, movements, and other organizations

2) Web3-based Digital Innovation: As organizations transition from the traditional value-chains or centralized Web 2.0 platform economy to the decentralized world of Web3 ecosystems, they need to transform their modus operandi in ways that leverage innovations that build on Web3 technologies. Submissions in this category investigate change processes that necessarily follow from attempts to induce and enable organizational change by using Web3 innovations. Topics include:

  *   Web3 digital product/service architectures
  *   Designing personalized digital services using Web3
  *   Integration of Web3 with IoT, Metaverse, and AI to design digital products or services
  *   B2B models using trusted data framework
  *   The emergence of new forms of organizing
  *   Decentralized Autonomous Organizations (DAOs)
  *   Decentralized self-sovereign data assets
  *   Network effects with Web3 ecosystems
  *   Organizing for innovation in Web3 ecosystems and networks
  *   Token-based business models
  *   Smart contract solutions
  *   Tokenized social networks

3) Web3-based Digital Transformation: As organizations transition from the traditional value-chains or centralized Web 2.0 platform economy to the decentralized world of Web3 ecosystems, they need to transform their modus operandi in ways that leverage innovations that build on Web3 technologies. Submissions in this category investigate change processes that necessarily follow from attempts to induce and enable organizational change by using Web3 innovations. Topics include:

  *   Decentralized data dashboards and analytics
  *   Integration of decentralized architecture with centralized enterprise systems
  *   Design of Web3 decentralized digital ecosystems
  *   Growth and evolution of Web3 decentralized digital ecosystems
  *   Economic and legal implications of Web3 decentralized digital ecosystems
  *   Value creation and value capture in Web3 decentralized digital ecosystems
  *   The transformation of platform governance
  *   The creation of novel business models and strategies in Web3 ecosystems
  *   Design, structure, evolution, and economics of Web3 decentralized digital platform ecosystems
  *   Decentralized credit systems
  *   Societal and legal implications of innovation with Web3 technologies
  *   Cultural, technical, cognitive and institutional barriers and enables in adopting Web3 ecosystems

The types of studies that we welcome in the minitrack include an explicit focus on a particular form or function of Web3 in the context of its properties, innovation, or transformation. We welcome all forms of research inquiry, including qualitative, quantitative, mixed, and conceptual papers.

Minitrack Co-Chairs:

Robert Gregory (Primary Contact)
University of Miami
rwgregory at miami.edu

Ola Henfridsson
University of Miami
ohenfridsson at miami.edu

Youngjin Yoo
Case Western Reserve University
yxy23 at case.edu